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One of the main reasons being cited by people is to avoid cap gains.

If "Bitcoin ... become[s] actual money" then surely there would no longer be cap gains? If there were no cap gains there would be less reason to persue this type of product.

Cap gains taxes were introduced in 1913 the same time they founded the Fed. It is a clear approach of asset stripping to introduce cap gains taxes and inflate asset values by increasing the money supply and encouraging everyone to borrow money at articially low interest rates.

Buy P2P KYC-free!

Starve the State!

Seperate money and State!

Don't fall for the traps!

#DontRiskItBisqIt

#KYCNotMe

Liberty Farmer 7mo ago

Fantastic, however it is 2025, and Bitcoin is not cap gains free nor the global standard. The dollar and/or fiat will always exist. Not saying we don't eventually get no cap gains for under XX amount, but we aren't there.

I realize all places globally and within the US, people have different buying, stacking, ownership levels, but it is laughable to me to think that bisq can handle any reasonable amount of Bitcoin in a safe, untrusted way.

There isn't anywhere close to the liquidity needed for many of my needs.

There also isn't a good way to buy it en masse. Cash on the street? Or mail? Yeah, fuck that. Zelle? That's KYC. Revolut? Not really for the USs, and also kyc. Amazon gift cards? Lol, sure.

What do you propose to fix this?

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Discussion

Ape Mithrandir 7mo ago

Bisq is good enough liquidity for many plebs.

Doing $2-4k a month P2P is feasible. Is it as easy as Strike? Of course not.

I don't normally get dragged into back and forths with people online. It is not productive.

I believe we agree much more than we disagree, so take that into account when reading and responding.

Should you be spending your time and energy arguing against purchasing Bitcoin P2P? Sure, arguments can be made against it but leave that work to the SDNY.